Exhibit 99.1

Bay View Securitization Corporation
Bay View 2002 LJ-1 Owner Trust
For Payment Date: August 25, 2005
For Collection Period: July 2005
For Determination Date: August 15, 2005


A.	PRINCIPAL BALANCE RECONCILIATION	A-1			A-2			A-3			A-4			# LOANS			TOTAL			LOAN BALANCE

(A)	Original Principal Balance		65,800,000.00			129,000,000.00			171,000,000.00			87,410,907.00			20,885			453,210,907.00			453,210,907.00
(B)	Beginning Balance		0.00			0.00			823,775.05			87,410,907.00			6,894			88,234,682.05			88,234,682.05
(C)	Collections (Regular Payments)		0.00			0.00			823,775.05			1,596,268.54			N/A			2,420,043.59			2,420,043.59
(D)	Withdrawal from Payahead (Principal)		0.00			0.00			0.00			5,753.94			N/A			5,753.94			5,753.94
(E)	Collections (Principal Payoffs)		0.00			0.00			0.00			2,594,286.53			275			2,594,286.53			2,594,286.53
(F)	Gross Charge Offs (Prior Mo. End Bal)		0.00			0.00			0.00			110,471.74			10			110,471.74			110,471.74
(G)	Principal Reductions (Other)(Partial chg-off)		0.00			0.00			0.00			20,497.19			N/A			20,497.19			20,497.19
(H)	Repurchases		0.00			0.00			0.00			0.00			0			0.00			0.00

(I)	Ending Balance		0.00			0.00			0.00			83,083,629.06			6,609			83,083,629.06			83,083,629.06


(J)	Certificate Factor		0.000000	%		0.000000	%		0.000000	%		95.049499	%		31.644721	%		18.332222	%		18.332222	%

									213,057.03
Notional Principal Balance: Class I									(213,057.03	)
(K)	Beginning																				8,483,822.00
(L)	Reduction																				2,591,180.00
(M)	Ending																				5,892,642.00

Notional Principal Balance: Companion Component
(N)	Beginning																				79,750,860.05
(O)	Reduction																				2,559,872.99
(P)	Ending																				77,190,987.06

B.	CASH FLOW RECONCILIATION																			TOTALS

(A)	CASH WIRED — PRINCIPAL AND INTEREST COLLECTIONS																				5,730,175.08
(B)	INTEREST WIRED — COLLECTION ACCOUNT & PAYAHEAD ACCOUNT																				17,986.40
(C)	WITHDRAWAL FROM PAYAHEAD ACCOUNT																				0.00
	1) allocable to principal																				5,753.94
	2) allocable to interest																				0.00
(D)	ADVANCES																				8,916.13
(E)	REPURCHASES																				0.00
(F)	GROSS CHARGE OFF RECOVERIES																				69,778.79
(G)	SPREAD ACCOUNT WITHDRAWAL																				0.00
(H)	Policy Draw for “I” Interest																				0.00
(I)	Policy Draw for “A-1” Interest or Ultimate Principal																				0.00
(J)	Policy Draw for “A-2” Interest or Ultimate Principal																				0.00
(K)	Policy Draw for “A-3” Interest or Ultimate Principal																				0.00
(L)	Policy Draw for “A-4” Interest or Ultimate Principal																				0.00

	TOTAL COLLECTIONS																				5,832,610.34

C.	TRUSTEE DISTRIBUTION																			TOTAL

(A)	TOTAL CASH FLOW																				5,832,610.34
(B)	DEPOSIT TO PAYAHEAD																				0.00
(C)	Indenture Trustee Fee																				0.00
(D)	UNRECOVERED INTEREST ADVANCES																				2,863.60
(E)	SERVICING FEE (DUE AND UNPAID)																				73,528.90
(F)	Standby Servicing Fee (not to exceed $50,000)																				3,000.00
(G)	Owner Trustee Fee (not to exceed $25,000)																				0.00
(H)	INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(I)	INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(J)	INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				2,004.52
(K)	INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				262,232.72
(L)	Interest to “I” Certificate Holders, including Overdue																				17,674.63
(M)	PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(N)	PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(O)	PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				823,775.05
(P)	PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				4,327,277.94
(Q)	Policy Premium and Unreimbursed Draws																				27,694.54
(R)	Spread Account (up to the Requisite Amount)																				0.00
(S)	Additional Unpaid Standby Servicing Fee																				0.00
(T)	Additional Unpaid Indenture Trustee Fee																				0.00
(U)	Additional Unpaid Owner Trustee Fee																				0.00
(V)	Interests Advance Recovery Payments																				6,076.40

(W)	EXCESS YIELD																				286,482.05



	BALANCE																				0.00


D.	SPREAD ACCOUNT																			SPREAD ACCOUNT

(A)	BEGINNING BALANCE																				13,910,936.78
(B)	ADDITIONS TO SPREAD AMOUNT																				286,482.05
(C)	INTEREST EARNED																				36,320.91
(D)	DRAWS																				0.00
(E)	REIMBURSEMENT FOR PRIOR DRAWS																				N/A
(F)	DISTRIBUTION OF FUNDS TO SERVICER																				N/A
(G)	PRIOR MONTH DISTRIBUTION OF FUNDS TO ISSUER																				314,609.57

(H)	ENDING BALANCE																				13,919,130.17



(I)	REQUIRED BALANCE																				13,596,327.21

(J)	CURRENT MONTH DISTRIBUTION OF FUNDS TO ISSUER																				322,802.96


E.	CURRENT RECEIVABLES DELINQUENCY
																	NUMBER			BALANCE

	# PAYMENT DELINQUENCY
(A)	31-60																	64			702,438.62
(B)	61-90																	13			141,943.54

(C)	TOTAL																	77			844,382.16


(D)	90+ days																	5			69,864.56

Bay View Securitization Corporation
Bay View 2002 LJ-1 Owner Trust
For Payment Date: August 25, 2005
For Collection Period: July 2005
For Determination Date: August 15, 2005

REPOSSESSIONS

(A)

COLLECTION PERIOD REPOSSESSIONS (CURRENT PERIOD END BAL)

81,163.79

(B)

AGGREGATE REPOSSESSIONS

625

11,716,987.15

(C)

UNLIQUIDATED REPOSSESSIONS

81,163.79

PAYAHEAD RECONCILIATION

(A)

BEGINNING BALANCE

20,955.97

(B)

DEPOSIT

0.00

(C)

WITHDRAWAL

5,753.94

(D)

ENDING BALANCE

15,202.03

PERFORMANCE TEST

DELINQUENCY RATIO (30+)

MONTH

DELINQUENT
MONTH
BALANCE

POOL
BALANCE

DELINQUENCY
%

(A)

CURRENT

844,382.16

83,083,629.06

1.0163

(B)

1ST PREVIOUS

882,965.06

88,234,682.05

1.0007

(C)

2ND PREVIOUS

1,028,604.12

93,958,980.93

1.0947

(D)

THREE MONTH ROLLING AVERAGE

918,650.45

88,425,764.01

1.0372

CUMULATIVE DEFAULT RATE

MONTH
BALANCE

ORIGINAL POOL
BALANCE

Default Rate %

(A)

Defaulted Receivables (Current Period)

138,118.19

(B)

Cumulative Defaulted Receivables (Prior Month)

15,112,055.92

(C)

Cumulative Defaulted Receivables (Current Month)

15,250,174.11

453,210,907.00

3.36

CUMULATIVE NET LOSS RATE

MONTH
BALANCE

ORIGINAL POOL
BALANCE

Net Loss Rate %

(A)

Collection Period Charge-Off receivables

130,968.93

(B)

50% of Purchase Receivables with scheduled payment delinquent more than 30 days

—

(C)

Aggregate Cram Down Losses during period

—

(D)

Less: Recoveries (current month)

69,778.79

(E)

Prior Period Adjustment

—

(F)

Net Losses current period

61,190.14

(G)

Prior Period cumulative net losses

9,945,908.78

(H)

Cumulative Net Losses (current period)

10,007,098.92

453,210,907.00

2.21

(I)

Total Defaults

138,118.19

(J)

50% of defaulted Receivables (not included in Collection Period Charge-Off Receivables)

69,059.10

(K)

Cumulative net losses including 50% of defaults

10,076,158.02

453,210,907.00

2.22

EXTENSION RATE

MONTH BALANCE

POOL BALANCE

Extension Rate %

(A)

Principal Balance of Receivables extended during current period (not to exceed 1% of Original Pool Balance)

366,908.97

83,083,629.06

0.44

LOCKBOX TEST

AMOUNT

NUMBER

(A)

Total Payments to Lockbox (Current Month)

3,212,151.40

5,944

(B)

Total Payments (Current Month)

5,799,953.87

6,608

(C)

Lockbox Payment Percentage

89.95

FINANCIAL COVENANTS

(A)

Monthly BVAC capital (at least $50MM)

50,000

(B)

Monthly BVAC cash and working capital borrowing capacity (at least $5MM)

11,394

(C)

Monthly BVAC net worth (at least $20MM)

63,290

WAC-Weighted Average Coupon

10.148

WAM-Weighted Average Maturity

39.8

/s/ Lisa Staab

APPROVED BY:

/s/ Bob Windlespecht

Prepared by: Lisa Staab

Bob Windlespecht

Bay View Acceptance Corp

Bay View Acceptance Corp

BAY VIEW SECURITIZATION CORP 8-K